Granite Oil Corp is a Canada-based junior oil producer that owns and operates Alberta Bakken oil pool in southern Alberta discovered by Granite. The Companyâ€™s Alberta Bakken oil pool stretches over a 30-mile fairway, and produces medium-gravity (30-32Â° API), crude oil. It has produced over 6.0 million barrels of crude oil, and has achieved production rates in excess of 4,000 barrels of oil per day.

Employees

Sector

Oil & Gas Exploration and Production

More about the company

Delayed Toronto S.E. 15:21:05 2020-03-09 EDT			5-day change	1st Jan Change
0.9400 ^CAD	-.--%		+1.08%	+44.62%

20-03-04	International Petroleum Corporation completed the acquisition of Granite Oil Corp. from GMT Capital Corp. and others.	CI
20-01-19	International Petroleum Corporation entered into an arrangement agreement to acquire Granite Oil Corp. from GMT Capital Corp. and others for CAD 37.2 million.	CI

Market Cap	25.39M 22.54M 21.09M 19.12M 36.1M 2.45B 36.37M 253M 98.53M 1.25B 95.3M 93.26M 4.01B	P/E 2017	-19.2x	P/E 2018	27.5x
Enterprise Value	71.06M 63.08M 59.03M 53.51M 101M 6.85B 102M 709M 276M 3.49B 267M 261M 11.23B	EV / Sales 2017	3.63x	EV / Sales 2018	2.04x
Free-Float	90.41%	Yield 2017	13.1%	Yield 2018	43.6%

20-03-04	International Petroleum Corporation completed the acquisition of Granite Oil Corp. from GMT Capital Corp. and others.	CI
20-01-19	International Petroleum Corporation entered into an arrangement agreement to acquire Granite Oil Corp. from GMT Capital Corp. and others for CAD 37.2 million.	CI
19-12-02	Granite Oil Corp. Announces Fall Borrowing Base Redetermination	CI
19-11-05	Granite Oil Corp. Reports Production Results for the Third Quarter and Nine Months Ended September 30, 2019	CI
19-11-05	Granite Oil Corp. Reports Earnings Results for the Third Quarter Ended September 30, 2019	CI
19-08-12	Granite Oil Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2019	CI
19-05-15	Granite Oil Corp. Announces Credit Facility Renewal	CI
19-05-08	Granite Oil Corp. Reports Unaudited Earnings and Operating Results for the First Quarter Ended March 31, 2019	CI
19-05-01	Granite Oil Corp. Announces Executive Changes	CI
19-05-01	Granite Oil Corp. Provides 2019 Well Test Results	CI
19-03-21	Granite Oil Corp. Reports Audited Earnings and Operating Results for the Year Ended December 31, 2018	CI
19-01-17	Granite Oil Corp. announced that it has received CAD 1.997171 million in funding from GMT Capital Corp.	CI
18-12-20	Granite Oil Corp. announced that it expects to receive CAD 1.56 million in funding from GMT Capital Corp.	CI

20-03-09	International Petroleum : IPC Announces Completion of Acquisition of Light Oil Assets in Southern Alberta	AQ
20-03-06	Granite Oil : International Petroleum Corp. Announces Completion of Acquisition of Light Oil Assets in Southern Alberta	AQ
20-02-03	Granite Oil : Day Two Keynote Speaker, Charlie Riedl with CLNG, Announced for EnerCom Dallas Energy Investment Conference, February 11-12, 2020	PR
20-01-30	Granite Oil : Day One Keynote Speaker, Chris Wright, Announced for EnerCom Dallas Energy Investment Conference, February 11-12, 2020	PR
20-01-20	Granite Oil Corp. Agrees to Sale to International Petroleum Corporation For $0.95 Cash Per Share	GL

Granite Oil Corp. Stock

Stocks

GXO

CA38742A1003

Oil & Gas Exploration and Production

Valuation: Granite Oil Corp.

Latest news: Granite Oil Corp.

Press Releases: Granite Oil Corp.

Managers and Directors: Granite Oil Corp.

Latest insider transactions

Oil Exploration & Production - Onshore

Financials

Company Profile

Manager	Title	Age	Since
Michael Kabanuk CEO	Chief Executive Officer	55	2015-05-14
Jack Smith DFI	Director of Finance/CFO	-	2019-04-30
Devon Griffiths COO	Chief Operating Officer	-	2018-08-08

Director	Title	Age	Since
Martin Cheyne BRD	Director/Board Member	65	2007-01-23
Michael Kabanuk BRD	Director/Board Member	55	2015-05-14
Brendan Carrigy CHM	Chairman	65	2015-05-14

Date	Insider	Type	Main position	Quantity	% Market Cap.
3/20/20	GMT Capital Corp.	Option	Company	268,753	0.6933%
3/20/20	GMT Capital Corp.	Option	Company	1,489,222	3.8417%
3/20/20	GMT Capital Corp.	Option	Company	1,462,651	3.7732%

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
GRANITE OIL CORP.	-.--%	+1.08%	-	-	26.28M
CONOCOPHILLIPS	+0.74%	+3.12%	+36.29%	+12.16%	155B
CANADIAN NATURAL RESOURCES LIMITED	-0.65%	+2.35%	+51.24%	+63.13%	99.28B
EOG RESOURCES, INC.	+0.14%	+3.31%	+30.63%	+19.56%	75.68B
ADNOC GAS PLC	+0.60%	-0.30%	-7.24%	+0.60%	69.13B
OCCIDENTAL PETROLEUM CORPORATION	+0.03%	+6.17%	+28.48%	-5.00%	58.31B
CENOVUS ENERGY INC.	-0.89%	+1.07%	+82.74%	+67.77%	57.66B
DEVON ENERGY CORPORATION	+0.08%	+3.05%	+37.55%	+9.89%	55.22B
DIAMONDBACK ENERGY, INC.	+0.49%	+0.56%	+24.06%	+22.32%	51.8B
WOODSIDE ENERGY GROUP LTD	+0.83%	-1.19%	+36.90%	-10.61%	41.47B
Average	+0.14%	+1.58%	+35.63%	+19.98%	66.4B
Weighted average by Cap.	+0.18%	+1.96%	+35.88%	+21.92%

	2017	2018
Net sales	39.24M 34.83M 32.59M 29.54M 55.79M 3.78B 56.2M 391M 152M 1.93B 147M 144M 6.2B	32.46M 28.81M 26.96M 24.44M 46.16M 3.13B 46.49M 324M 126M 1.6B 122M 119M 5.13B
Net income	-5.51M -4.89M -4.58M -4.15M -7.83M -531M -7.89M -54.96M -21.37M -271M -20.67M -20.23M -871M	753K 668K 626K 567K 1.07M 72.59M 1.08M 7.51M 2.92M 37.03M 2.83M 2.77M 119M
Net Debt	35.68M 31.67M 29.64M 26.87M 50.74M 3.44B 51.1M 356M 138M 1.75B 134M 131M 5.64B	45.67M 40.54M 37.94M 34.39M 64.95M 4.4B 65.42M 456M 177M 2.25B 171M 168M 7.22B